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Oct 13, 2013
10/13
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KQED
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the debt ceiling will have a profound effect on the economy. not just the shutting of the monuments and the none i'll of payments here and there. -- and the denial of payments here and there. i think the parties deserve equal blame. months, you will jeopardize the credit, you will give other countries an opportunity to look for another reserve currency. you look for the one person you saw first. he is the president. i'm just talking about the political effects. not who is to blame. that is what i think the president has offered -- he offered this on tuesday in the press conference. jay carney was asked outright, if you are asked to short-term -- if you were offered a short- term extension of the debt ceiling, would you do it? jay carney answered yes. look at the transcript. they reason they answered yes was every day you approach the debt limit, it is very -- >> now they want to walk back. ofnow they have an offer november 22. willt the question is, they open up the government? >> put yourself in the position of a member of congress. whether yo
the debt ceiling will have a profound effect on the economy. not just the shutting of the monuments and the none i'll of payments here and there. -- and the denial of payments here and there. i think the parties deserve equal blame. months, you will jeopardize the credit, you will give other countries an opportunity to look for another reserve currency. you look for the one person you saw first. he is the president. i'm just talking about the political effects. not who is to blame. that is what...
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127
Oct 9, 2013
10/13
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CNNW
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ceiling -- lifting of the debt ceiling for a short term and then to use that time to negotiate. we're talking about maybe six weeks. this is something new that i just heard this morning, wolf. that is from a senior house republican source that it is entirely possible, maybe even probable that in order to do that they, republicans, would have to agree to what is effectively a clean debt ceiling increase. what the president is demanding. why would they do that? basically it's because, as the source said to me, the debt ceiling scares people. they understand, for the most part, not everybody, some people don't believe it's that big of a deal and it won't be the calamity that some people are predicting. but for the most part, house republicans understand the debt ceiling is a really big deal. that's why it's entirely possible that they would agree to something that is really effectively clean as long as they had very specific parameters laid out for negotiations that occurred right after they passed it dealing with entitlement reform, tax reform, anything that could deal with the de
ceiling -- lifting of the debt ceiling for a short term and then to use that time to negotiate. we're talking about maybe six weeks. this is something new that i just heard this morning, wolf. that is from a senior house republican source that it is entirely possible, maybe even probable that in order to do that they, republicans, would have to agree to what is effectively a clean debt ceiling increase. what the president is demanding. why would they do that? basically it's because, as the...
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Oct 10, 2013
10/13
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FOXNEWSW
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the debt ceiling. jay carnie finally said, yes, the president would approve just extending the debt ceiling while they talk about things. that's a retreat for the president and boehner. the president said he is not going gunshot with a gun to his head. if he said, just deal will default but not re-opening the government, he is talking to republicans and negotiating something he said he wasn't going to do. >> shepard: mike now we're hearing from a couple of republicans -- i don't no who they are -- up named republican senators who say, let's re-open the government, too, or put that on the table. do you know who those senators are? >> i've spoken to multiple senators who are apprehensive. six weeks is not terribly long in washington, dc so by saying you're going to extend the debt ceiling six weeks, it's going to come up right before thanksgiving again and does not allow a whole lot of time for negotiation. >> shepard: they want to have a fight over turkey? seriously? they don't want to do that. why woul
the debt ceiling. jay carnie finally said, yes, the president would approve just extending the debt ceiling while they talk about things. that's a retreat for the president and boehner. the president said he is not going gunshot with a gun to his head. if he said, just deal will default but not re-opening the government, he is talking to republicans and negotiating something he said he wasn't going to do. >> shepard: mike now we're hearing from a couple of republicans -- i don't no who...
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Oct 7, 2013
10/13
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CSPAN
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of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to make those determinations. what our position has always been was not raise it for a certain amount of time. it has been raise the debt ceiling without drama and delay. , ourver the duration position will not change, which is raise it so that the united states can continue to pay its bills and continue to ensure that the world knows we are good to our word and we fulfill our obligations, and when it comes up again, our position will still be, we will not negotiate over congress's responsibility is to pay the bills t
of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to...
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121
Oct 16, 2013
10/13
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FOXNEWSW
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neither here or successors can allow a dynamic to take root where raising the debt ceiling is used as leverage or the refusal to raise the debt ceiling is used as leverage to achieve a partisan objective. >> you believe that settles the question? >> again, we don't have a bill to sign and so we are not in a position to even say that the government is reopened or the debt ceiling is lifted. hopefully when we do we'll have a fuller discussion of what comes next. i don't want to get a head of where we are today. we are pleased with the progress in the senate and the agreement announced by leaders reid and mcconnell today and appreciate the bipartisan effort in the senate and it reflects a model for how we can move forward. after all, this is only been about basic stuff. follow-upp funding the government and making sure the united states pays its bills. we'll hopefully have serious negotiations around a broader budget agreement and in that process, hopefully there will be a willingness to compromise with both sides and if that is the case perhaps we will roach a broader budget agreement a
neither here or successors can allow a dynamic to take root where raising the debt ceiling is used as leverage or the refusal to raise the debt ceiling is used as leverage to achieve a partisan objective. >> you believe that settles the question? >> again, we don't have a bill to sign and so we are not in a position to even say that the government is reopened or the debt ceiling is lifted. hopefully when we do we'll have a fuller discussion of what comes next. i don't want to get a...
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Oct 10, 2013
10/13
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CNN
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to increase the debt ceiling for six weeks. where he was looked like intentionally squishy, to use a technical term on the issue of the government shutdown. we heard from republican leaders, talking to republican sources, and they made clear their position is that this whole debt ceiling idea is predicated on the fact that they will then immediately begin to sit down and talk and among the first things they will do in those bipartisan negotiations is figure out a way to reopen the government. when it comes to the government shutdown we might be in a chicken or egg situation, which is going to come first. those things have to be worked out. as jay carney was speaking, i spoke to a republican leadership source who is trying to clarify what exactly this so-called clean debt ceiling bill would be. i'm told, when looking at the actual legislative language, there is going to be one condition and that condition will be to take what are known as extraordinary measures away from the treasury secretary in order to do that the reason that
to increase the debt ceiling for six weeks. where he was looked like intentionally squishy, to use a technical term on the issue of the government shutdown. we heard from republican leaders, talking to republican sources, and they made clear their position is that this whole debt ceiling idea is predicated on the fact that they will then immediately begin to sit down and talk and among the first things they will do in those bipartisan negotiations is figure out a way to reopen the government....
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Jan 16, 2013
01/13
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FOXNEWSW
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ceiling and thereby cause an economic catastrophe. >> the process of raising the debt ceiling should not be used as a political weapon against the american people. >> and say a legislative relic has now been weaponized. >> megyn: well, that was a news conference a short time ago. house democrats hold ago news conference to abolish the debt ceiling even as we watch the debt race up to the 16.4 trillion dollar limit and we hear talk now about circles of whole new class of taxes that the american people may be saddled with. stu varney is varney and company on the fox business network. they're not the majority in the house, but there is he' a push to make them the majority in the house. and president obama is reportedly maneuvering in a lot of ways, politically now to try to set the democrats up to retake control of the house and there's a question about whether as soon as 2014, if they get their way, they're going to get rid of the debt ceiling. what would that do? >> what they want is unlimited borrowing by the administration so the treasury can say, i want to borrow, this, this, this,
ceiling and thereby cause an economic catastrophe. >> the process of raising the debt ceiling should not be used as a political weapon against the american people. >> and say a legislative relic has now been weaponized. >> megyn: well, that was a news conference a short time ago. house democrats hold ago news conference to abolish the debt ceiling even as we watch the debt race up to the 16.4 trillion dollar limit and we hear talk now about circles of whole new class of taxes...
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Jan 23, 2013
01/13
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MSNBCW
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. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids. >> this is a party, a retreat. >> a retreat of sorts. >> they may not even vote for this. >> it really is unacceptable. >> they will evolve or die, it is that simple. >> it will stand out as one of the great days. >> today marks 40 years. >> the 40th anniversary of roe v. wade. >> this allows a woman free choice. >> support for reproductive choice is at a record high. >> 54% believe abortion should be legal. >> there was an assault on women's access to reproductive health care. >> do i believe that the supreme court should overturn roe v. wade? yes. >> 70% say it should not be overturned. >> this is a deeply personal issue, one that should be made by women. >> w
. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids....
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Jan 16, 2013
01/13
by
FBC
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he says he won't negotiate on the debt ceiling. all sorts of politicos and savants are talking about a government shutdown. in tonight's "chalk talk", we tell you the truth. and we will call him some trouble waters. plus new warnings about a downgrade of the u.s. debt. a familiar tune with the voice of doom. will the markets take them seriously this time citigroup's ♪ ♪ ♪ [ male announcer ] you don't have to be a golf pro to walk like one. ♪ when you walk 10,000 steps a day, it's the same as walking a professional golf course. humana. health and well-being partner of the pga tour. lou: let's take a quick look at what is happening to the markets and the economy. fitch is warning of a possible u.s. downgrade the debt ceiling talks drag on. citigroup had will join us here in just moments. retail stocks rolling up better than expected holiday sales season. the dow jones industrials up 27 points on the day. the s&p managed a point gain but still reaching anoer five-year high. the nasdaq is down six, that is only slightly from ye
he says he won't negotiate on the debt ceiling. all sorts of politicos and savants are talking about a government shutdown. in tonight's "chalk talk", we tell you the truth. and we will call him some trouble waters. plus new warnings about a downgrade of the u.s. debt. a familiar tune with the voice of doom. will the markets take them seriously this time citigroup's ♪ ♪ ♪ [ male announcer ] you don't have to be a golf pro to walk like one. ♪ when you walk 10,000 steps a day,...
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51
Jan 20, 2013
01/13
by
FOXNEWS
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eye 51
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ceiling and your own history with the debt ceiling and doesn't that suggest we're going into a default because no one is talking to each other how to resolve this? >> no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult. >> jon: president obama a little testy there answering a question from cbs news white house correspondent major garrett, formerly of this network. it was mr. obama's final news conference of his first term. so, what did you think, judy, about the questions that the president received? only seven of them for a news conference. the answers went on very long. >> you might even say stonewalling answers, each answer was roughly the equivalent of about seven and a half minutes. no wonder there's no time for follow-ups. look, the white house press corps, how many times do we have to talk about it. other than major garrett, who was a sight to see there, even jake tapper said, oh, yes, major always asks good questions, when he was on fox we didn't call on him much. that's what this is about. the white house press corps has to be
ceiling and your own history with the debt ceiling and doesn't that suggest we're going into a default because no one is talking to each other how to resolve this? >> no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult. >> jon: president obama a little testy there answering a question from cbs news white house correspondent major garrett, formerly of this network. it was mr. obama's final news conference of his first term. so, what...
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120
Oct 10, 2013
10/13
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FOXNEWSW
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bill, i am not saying going over the debt ceiling is a good thing to do. i think it is a horrible thing to do. the associated press said the white house said the possibility of a short term deal is an encouraging sign. that might give a glimmer of how the conversation is going today. bill, it is an important development. if the republicans pass a clean debt ceiling extension for six weeks with no conditions, how in the world can the president turn that down? it would be financially irresponsible for the president who spent three weeks talking about a rma gettion and not getting it resolved. but bill, that means six weeks from now. we'll face the same situation if a deal is not reached. >> we are back here again. >> by the way, that is right by thanksgiving. and so maybe preventing a thanksgiving weekend for these guys will get them off of the ball. >> as long as they get the drum stick. stephen moore, thank you. wall street, good to have you back. >> we'll talk about where millions of american dollars go to egypt, and they are blasting president obama's de
bill, i am not saying going over the debt ceiling is a good thing to do. i think it is a horrible thing to do. the associated press said the white house said the possibility of a short term deal is an encouraging sign. that might give a glimmer of how the conversation is going today. bill, it is an important development. if the republicans pass a clean debt ceiling extension for six weeks with no conditions, how in the world can the president turn that down? it would be financially...
109
109
Jan 16, 2013
01/13
by
FBC
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eye 109
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he says he won't negotiate on the debt ceiling. all sorts of politicos and savants are talking about a government shutdown. in tonight's "chalk talk", we tell you the truth. and we will call him some trouble waters. plus new warnings about a downgrade of the u.s. debt. a familiar tune with the voice of doom. will the markets take them seriously this time citigroup's global head joins us with the answer the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and
he says he won't negotiate on the debt ceiling. all sorts of politicos and savants are talking about a government shutdown. in tonight's "chalk talk", we tell you the truth. and we will call him some trouble waters. plus new warnings about a downgrade of the u.s. debt. a familiar tune with the voice of doom. will the markets take them seriously this time citigroup's global head joins us with the answer the boys use capital one venture miles for their annual football trip. that's...
134
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Oct 8, 2013
10/13
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FOXNEWSW
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eye 134
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all of this days ahead of the national debt ceiling vote. they will hammer the republicans on the government shut down which did furlough many employees and next week's debt ceiling while defending his refusal to negotiate. >> i cannot do that under the threat if republicans don't get 100 percent of their way they will shut down the government offer default on america's debt so that america for the first time in history does not pay its bills. >> hoiuse republicans say they will continue their efforts to fund part are thes of the government even in the face of veto threats from the white house. >> if we take care of vital priorities this week and going forward we negotiate a compromise that mitigate and prevent the harm of obama care to millions of americans that will be a real victory to the me american people. >> they opened the door to a possible temporary fix here. it would be a short term increase of the national debt ceiling and a short term funding bill to reopen government. that seems to be the latest that could provide possible of r
all of this days ahead of the national debt ceiling vote. they will hammer the republicans on the government shut down which did furlough many employees and next week's debt ceiling while defending his refusal to negotiate. >> i cannot do that under the threat if republicans don't get 100 percent of their way they will shut down the government offer default on america's debt so that america for the first time in history does not pay its bills. >> hoiuse republicans say they will...
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Oct 10, 2013
10/13
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CNN
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a clean debt ceiling. democrats are not so sure. they haven't seen the language of it. but a debt ceiling that doesn't have the spending cuts and other strings attached that? conservatives have been demanding. in exchange for that what they wanted him to agree to was to sit down and talk about the big issues they have to the come together on frankly for two, three years. big, big issues that everybody believes need to be addressed, but they have very different philosophies on how to do so with regard to entitlements, with regard to taxes, with regard to the overall level of government spending. those are the things they wanted to discuss with the president. you know, again, as you and i have talked about so many times over the past ten days or more, we still have a potential chicken or egg situation, which is the best way to describe this. jim just played a quick sound bite from the senate majority leader harry reid, who said it's not going to happened, when asked if they would agree to extend the debt cei
a clean debt ceiling. democrats are not so sure. they haven't seen the language of it. but a debt ceiling that doesn't have the spending cuts and other strings attached that? conservatives have been demanding. in exchange for that what they wanted him to agree to was to sit down and talk about the big issues they have to the come together on frankly for two, three years. big, big issues that everybody believes need to be addressed, but they have very different philosophies on how to do so with...
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Jan 16, 2013
01/13
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CURRENT
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that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about paying our bills. by the way, a lot of the bills we have to pay are things i was adamantly opposed to. i didn't want to go to war in iraq. i didn't want to have nation building in afghanistan. i thought the bush tax cuts were ill-advised but i'm a member of congress. america committed itself to those and i've got to stand by paying the obligations that have been incurred. >> john: congressman, i want to congratulate you on being a real fiscal conservative. congressman peter welch democrat of vermont, thank you. i hope you'll come bac
that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about...
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Sep 25, 2013
09/13
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FOXNEWSW
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on the debt ceiling, he's the president of the united states, he can't allow a debt ceiling and he certainly can't allow a debt ceiling increase to not take place because he's fighting to protect members of congress from implementing -- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will never agree to, for instance, delaying the individual mandate or defunding obama care. he can't and he won't. that's the problem here. but the white house has always said it will negotiate on the budget. it just won't negotiate on the debt ceiling. of course there are going to be negotiations and they're going to lead to hopefully a resolution on the debt ceiling. they're just not going to be about the debt ceiling. >> planting the flag on the senate floor for more than 21 hours, more with the panel, we'll start with charles when we come back. [ male announcer ] making a dodge in 100 easy steps. step 1 -- stu
on the debt ceiling, he's the president of the united states, he can't allow a debt ceiling and he certainly can't allow a debt ceiling increase to not take place because he's fighting to protect members of congress from implementing -- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will...
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Oct 7, 2013
10/13
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FOXNEWSW
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saying bumping up against the debt ceiling is the equivalent of defall. that's not the case. >> not the case at all. we can print money, and not only that, the treasury secretary said around the 17th we might have problems paying our debt. this is rhetoric. we're going to pay our debt and it's irresponsible for them to go public and say we might default. what message this sends? or degree the dollar get creamed. the stock market is down. our economic recovery can't afford this. the u.s. was seen as one of the better economies in terms of this global recovery. this undermines it. and remember that washington dysfunction is while the u.s. debt got downgraded in the first place in 2011. now we have higher dysfunction, higher debt and higher deficits than back then. so this is a more serious issue than the market is reflecting yet. i agree with liz, this could get worse before it gets better. >> neil: you have been bemoening the travail of the market, and we-showing our shows. my biggest surprise was bill o'reilly agreed to do it. just reminder if you find th
saying bumping up against the debt ceiling is the equivalent of defall. that's not the case. >> not the case at all. we can print money, and not only that, the treasury secretary said around the 17th we might have problems paying our debt. this is rhetoric. we're going to pay our debt and it's irresponsible for them to go public and say we might default. what message this sends? or degree the dollar get creamed. the stock market is down. our economic recovery can't afford this. the u.s....
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Oct 16, 2013
10/13
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CNBC
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eye 105
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that was done during a debt ceiling debate two years ago. during this one, that debate did not occur. we have missed a moment. we've got to find times when we look at how much debt is piled up to slow down and talk it and say how do we talk about the growth of the spending we have. that didn't occur thisti >> congressman, it was clear when we saw harry reid talking in a sober way about the new budget conference committee that now meets that he's trying to say look, what we're offering the gop, but what is the atmosphere like within the house gop at the moment? because from the outside, it looks like you went in, you took the pain on behalf of the party well, see it in the polls, by shutting the government down for two weeks. and yet you haven't really from the outside it appears come away with a big prize. i mean, what do you think of the tack it ticks and does speaker boehner keep his job? >> i think he does keep his job. i don't think that's at risk at this point. we're navigating through difficult waters. the people in our districts are t
that was done during a debt ceiling debate two years ago. during this one, that debate did not occur. we have missed a moment. we've got to find times when we look at how much debt is piled up to slow down and talk it and say how do we talk about the growth of the spending we have. that didn't occur thisti >> congressman, it was clear when we saw harry reid talking in a sober way about the new budget conference committee that now meets that he's trying to say look, what we're offering the...
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104
Oct 11, 2013
10/13
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FBC
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eye 104
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short-term debt ceiling proposals that the house put out yesterday at what an increase the debt ceiling today, that really get things moving at the white house. so that offer is still on the table, something republicans still have to increase the debt ceiling until november charges second. everything else is a holding pattern. especially a vote on that. we are still waiting for an offer from the white house on the house side as the talks are continuing and, perhaps, that will be the way for to finally end the logjam on your misspending. cheryl: really quick, you made an interesting point. basically this could be is setting for a bigger deal. this could be the setting for a larger agreement in place, is that still the feeling that you have, the sense that you have? >> it could be. the question is how large are you going to get. republicans are going to want significant changes to the entitlement programs in go to a place where democrats are unwilling to go, and december rose -- is for democrats and revenue. so all large, major deficit deal seems unlikely. perhaps something scaled down al
short-term debt ceiling proposals that the house put out yesterday at what an increase the debt ceiling today, that really get things moving at the white house. so that offer is still on the table, something republicans still have to increase the debt ceiling until november charges second. everything else is a holding pattern. especially a vote on that. we are still waiting for an offer from the white house on the house side as the talks are continuing and, perhaps, that will be the way for to...
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Oct 11, 2013
10/13
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CSPAN
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they didn't downgrade it over a debt ceiling. they downgraded it because they lost confidence that we are willing to deal with our debt. that is the issue that i believe we need to focus on. the cbo has recently stated that if we continue our current path, at some point, investors will begin to doubt the government's willingness or ability to pay u.s. debt obligations. i think some point soon, another credit rating agency will be convinced that we will not deal with our debt crisis. the question i have for the panel is, is the threat of default that each of you have talked about -- default on our u.s. treasury obligations -- is that threat greater because of the fight we are having in washington right now over the whether the debt ceiling will be extended or is it not far greater over the fact that we cannot get into negotiations to resolve our entitlement spending and to reform our tax code? mr. stevens, i know you mentioned this in our cash in your comments. >> senator, as i said in my oral statement, i think credit worthiness
they didn't downgrade it over a debt ceiling. they downgraded it because they lost confidence that we are willing to deal with our debt. that is the issue that i believe we need to focus on. the cbo has recently stated that if we continue our current path, at some point, investors will begin to doubt the government's willingness or ability to pay u.s. debt obligations. i think some point soon, another credit rating agency will be convinced that we will not deal with our debt crisis. the...
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110
Oct 11, 2013
10/13
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FBC
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carney seemed to say yesterday the president would sign a debt ceiling increase in the debt ceiling, without opening the government first and start budget negotiations after that. so no contingencies. now you're hearing that from carney as he is speaking right now, some perhaps a different position. cheryl: right. >> but, you know, i guess it comes down to what the definition of clean budget resolution or clean debt ceiling will be. and, whether or not they will consider, you know, having talks on the budget and reopening the government as conditions and, so, it is a moving target. cheryl: you know what? i will let you go inside to listen to the briefing. peter barnes, thank you very much. david: it is also raining. good to get him out f the rain. what is extraordinary he despite of all the indesigh sieve elements of the story we still have a market gain of triple digits on the dow. cheryl: right. 11 to the upside. monday morning could be a different story. david: could be a lot of trading action throughout the weekend. cheryl: bond market closed on monday but stocks will be going. a
carney seemed to say yesterday the president would sign a debt ceiling increase in the debt ceiling, without opening the government first and start budget negotiations after that. so no contingencies. now you're hearing that from carney as he is speaking right now, some perhaps a different position. cheryl: right. >> but, you know, i guess it comes down to what the definition of clean budget resolution or clean debt ceiling will be. and, whether or not they will consider, you know, having...
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Sep 20, 2013
09/13
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FOXNEWSW
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eye 94
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one is the debt ceiling vote itself. we adopt a budget resolution and passed the 12 appropriations bills that determine how much the government will spend. em bed ed in each of those is how much we are taking in, how much we are spend ing. if we are taking in less than we are spend ing then we are adding to the debt. each one of those in a way is a vote on the debt. >> do you think the democrats who are oppose ed to the idea of spending cuts with the debt ceiling, do you think they are not words to the long-term effect of getting deeper in debt or do they think it will stimulate the economy so there will be more tax receipts so we won't spend much and that will bring it down? >> it could be a variety ever of things. my fundamental view is they are not aster identified by public debt being as large as it is compared to our economy. today, by the end of the year it will be roughly 70 -- the public debt of the united states, that part of the debt that's been securitized in the form of a bond and sold to somebody with our na
one is the debt ceiling vote itself. we adopt a budget resolution and passed the 12 appropriations bills that determine how much the government will spend. em bed ed in each of those is how much we are taking in, how much we are spend ing. if we are taking in less than we are spend ing then we are adding to the debt. each one of those in a way is a vote on the debt. >> do you think the democrats who are oppose ed to the idea of spending cuts with the debt ceiling, do you think they are...
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Oct 16, 2013
10/13
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so we're mot in a position here to even say that the government has been reopened or the debt ceiling has been lifted. so i think hopefully when we do, we can have a fuller discussion about what comes next. i don't want to get ahead of where we are today. we are pleased with the progress made in the senate and the agreement announced by leaders reid and mcconnell today, and very much appreciate the bipartisan effort under way in the senate that reflects, we believe, a model for how we can move forward. and after all, had has only been about basic stuff. funding the government, making sure the united states pays its bills. we will have, hopefully, serious recent substantive negotiations around a broader budget agreement. and in that process hopefully there will be willingness to compromise by both sides. perhaps we can reach a broader budget agreement that will settle some of these disputes in a way where nobody gets everything he or she wants, but the american people win because there is increased certainty and necessary investments to help our economy grow and protect and expand the
so we're mot in a position here to even say that the government has been reopened or the debt ceiling has been lifted. so i think hopefully when we do, we can have a fuller discussion about what comes next. i don't want to get ahead of where we are today. we are pleased with the progress made in the senate and the agreement announced by leaders reid and mcconnell today, and very much appreciate the bipartisan effort under way in the senate that reflects, we believe, a model for how we can move...
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Oct 11, 2013
10/13
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debt ceiling. that was really sort of the main issue here today, right? >> because the 17th is the deadline, right. >> and the budget has to do with the shutdown. >> no, no. the shutdown is a continuing resolution. >> but the continuing resolution is because we don't have a budget. >> true. >> that's why we have a c.r. >> we finally got them to write it. >> but you said -- >> everybody points back and forth. >> lots of that. >> paul ryan, our budget chair, will sit down. patty murray will start putting it together. remember, in the senate, their budget never balances. ours balances in ten years. they raise a trillion dollars in new taxes, so we're going to have a lot of arguments as we go through there, but we want to move it through. now, when it comes to the continuing resolution, that's still there. that's what we'll continue to discuss with the president to try to move forward on. >> from what i understand, the debt ceiling is to keat the debt raised until november 22nd, is that the deal? is that wrong? >> november 20th. >> sorry. two days off. >> wel
debt ceiling. that was really sort of the main issue here today, right? >> because the 17th is the deadline, right. >> and the budget has to do with the shutdown. >> no, no. the shutdown is a continuing resolution. >> but the continuing resolution is because we don't have a budget. >> true. >> that's why we have a c.r. >> we finally got them to write it. >> but you said -- >> everybody points back and forth. >> lots of that. >>...
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Dec 17, 2013
12/13
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remember back to 2011 when we were going to pay for the increase in the debt ceiling over the next ten years. here we are 24 months later looking for a new way to deal with the challenges. >> you are voting for the bill tomorrow? >> i'm not. it's a step forward. it's good that both sides are talking. we are having pension reform. but there are two steps back. the bad is the fact is that we are paying over ten years and the ugly is we are asking the military to pay for it ourselves and not cutting spending. we are just shifting two pays in the active duty military. >> what happens when you get to the debt ceiling issue in february or march? >> hopefully we will not have a one year increase and ten year pay for it. hopefully we look at the underlying debt and give ourselves an opportunity to have a serious conversation. it's good that senator murray and congressman ryan are having conversations. hopefully we can find a way to cut spending enough to have discussion on the debt ceiling. >> and straight ahead, new information about obamacare navigators. should there be a criminal investigat
remember back to 2011 when we were going to pay for the increase in the debt ceiling over the next ten years. here we are 24 months later looking for a new way to deal with the challenges. >> you are voting for the bill tomorrow? >> i'm not. it's a step forward. it's good that both sides are talking. we are having pension reform. but there are two steps back. the bad is the fact is that we are paying over ten years and the ugly is we are asking the military to pay for it ourselves...
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Oct 8, 2013
10/13
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WMAR
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debt ceiling. the speaker says the funding bill cannot pass unless republicans get the changes to obama care they are demanding so the back and forth is still going on down on capitol hill. >>> heavy rain and wind pounded the washington, d.c. area even prompting several thunderstorms and tornado warnings. in the northeast part of dc a massive branch came crashing down on the hood of the car. and the owner and his girlfriend walked away unharmed. but in other areas the storm made for plenty of close calls and columbia heights several trees were uprooted and the storm caused flight delays at regional airports and the rain also made it really tough get around the streets and it was pretty tricky. >> it was pretty windy and coming down pretty hard, yes. and we took a break at national cathedral and we prayed and then here we go. >> despite the intenseity of the storm it was a welcomed sight by many residents. it was scary but maybe some people were happy to see the rain. we needed it. >> that's why. ye
debt ceiling. the speaker says the funding bill cannot pass unless republicans get the changes to obama care they are demanding so the back and forth is still going on down on capitol hill. >>> heavy rain and wind pounded the washington, d.c. area even prompting several thunderstorms and tornado warnings. in the northeast part of dc a massive branch came crashing down on the hood of the car. and the owner and his girlfriend walked away unharmed. but in other areas the storm made for...
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Oct 10, 2013
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the debt ceiling it also relate to this. there is that six week extension, they can. you rightly identify. of course the president to say, look mr. president, this law is unpopular, let's make some changes in this and you heard that the idea is to put this in the construct of a full year budget and look at that. >> this is on the president's approval which is not good news 37% approval, 53% of the american public disapprove. who do you believe has played the better chess move in the last ten days? >> it was pretty clear that the republicans were in jail and there was no way out of this. how would you do it? and to the point of it the idea that the president would veto or not sign legislation funding funerals or bedeath benefits isn indication of how this is a real problem for the president to say this is okay. a charity has stepped into handle this. so i'm not going to sign it. really? the cracks are starting to come into the dam that you see. what is the next thing that you are going to see funding for the district of columbia? >> all right some great analysis. thank
the debt ceiling it also relate to this. there is that six week extension, they can. you rightly identify. of course the president to say, look mr. president, this law is unpopular, let's make some changes in this and you heard that the idea is to put this in the construct of a full year budget and look at that. >> this is on the president's approval which is not good news 37% approval, 53% of the american public disapprove. who do you believe has played the better chess move in the last...
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Oct 11, 2013
10/13
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ceiling for six weeks, but strikt l strictly dealing with the debt ceiling issue? >> wolf, the president has said and i think jay carney has said repeatedly now the president would sign a short-term debt ceiling increase. that was contingent on what was in the legislation itself. if it's a clean debt ceiling increase he's going to sign it. i think the critical component in all of this, wolfe, is how close we drift towards october 17th. if we're drofting towards october 17th and we don't have a break true, we don't have a deal, and he gets handed a deal that only raises the nation's debt ceiling he is going to do that even if it does not include a bill that opens up the government. i think that is the best rewrite now of where the white house stands right now and that is a read i got from a democratic official who was familiar with that meeting last night. that the debt ceiling, yes, something the president would sign. this is a surprise that came out of this meeting last night, wolf, as to how hard the president is trying to push here. i think it gives us a sense a
ceiling for six weeks, but strikt l strictly dealing with the debt ceiling issue? >> wolf, the president has said and i think jay carney has said repeatedly now the president would sign a short-term debt ceiling increase. that was contingent on what was in the legislation itself. if it's a clean debt ceiling increase he's going to sign it. i think the critical component in all of this, wolfe, is how close we drift towards october 17th. if we're drofting towards october 17th and we don't...
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Oct 2, 2013
10/13
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ceiling, and the wall street ceo's at the white house, the focus was not the shutdown but the debt ceiling, and jack lew was in the meeting with the lawmakers, and the main purpose for him being there is to tell the lawmakers of going over the nation's debt ceiling, the risks. >> you listen to the white house briefing today and it just didn't seem like anything was coming out of the meeting because jay carney said the president is not negotiating on anything? >> it's a strange thing to announce we are going to have a meeting to atalk and announce in advance there will be no negotiating. i don't quite get what the point of something like that is, except insofar it's about optics. you listen to barack obama and the interview, and it's about protecting i am the calm and reasonable person and not like the crazy person. the merits on the idea that he bent over backwards. he did not call mitch mcconnell in the first seven months of his presidency, which is unusual. they are trying to telegraph the idea that they are seeming reasonable to make republicans look all the more unreasonable. >> i am s
ceiling, and the wall street ceo's at the white house, the focus was not the shutdown but the debt ceiling, and jack lew was in the meeting with the lawmakers, and the main purpose for him being there is to tell the lawmakers of going over the nation's debt ceiling, the risks. >> you listen to the white house briefing today and it just didn't seem like anything was coming out of the meeting because jay carney said the president is not negotiating on anything? >> it's a strange thing...
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Oct 10, 2013
10/13
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the debt ceiling is the most important piece. this president more than anything wants to take the possibility of default off the table. they think the government being closed is a bad option. the worst of the bad options is going in default. you have people like speaker boehner and other republicans suggesting they get that it would be bad. markets up today. if there's a joint statement in a little while between the white house and house republicans saying we're inching towards progress. the senator has a meeting with senator republicans. if there's progress, you could see the markets doing well tomorrow. if we don't get a statement from anyone tonight expressing hope, the markets have baked in the idea they're close to a deal. if there's not tomorrow, that could be a problem. >> loving the north lawn. we'll head back if question learn anymore. >> we heard from our capitol hill team that rogers, the committee chairman republican said that the president wasn't flat out rejecting the proposal but wants head way on the continuing re
the debt ceiling is the most important piece. this president more than anything wants to take the possibility of default off the table. they think the government being closed is a bad option. the worst of the bad options is going in default. you have people like speaker boehner and other republicans suggesting they get that it would be bad. markets up today. if there's a joint statement in a little while between the white house and house republicans saying we're inching towards progress. the...
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Jul 22, 2013
07/13
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there won't be specific issues like the budget for the debt ceiling. >> longer view of this country's future economically and how we need to make sure we are making the right decision and taking the right action that allows for the kind of growth, kind of security for the middle class that will ensure the health of this country's economy in the future. >> that was jay carney a minute or so ago. the first in a series of speeches that they hope to answer questions before they good home for the august recession. republicans don't deny the middle class isn't fairing as well as it should but they blame the administration. >> this new normal, slow economic grej. no increase in jobs that are available. wages are being basically frozen. would he are squeezing the middle class. and i would argue the president's policies are getting in the way of the economy growing. whether that's obama care, all these needless regulations that are coming out of the government. it is getting in the way of people wanting to invest in our economy. >> president's going to launk this series of speeches on wednesda
there won't be specific issues like the budget for the debt ceiling. >> longer view of this country's future economically and how we need to make sure we are making the right decision and taking the right action that allows for the kind of growth, kind of security for the middle class that will ensure the health of this country's economy in the future. >> that was jay carney a minute or so ago. the first in a series of speeches that they hope to answer questions before they good...
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Oct 13, 2013
10/13
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when the debt ceiling thing gets settled, which i assume will be next week, i think you've seen a new change. obama care glitches. the front page of "the washington post," the front page of the "chicago tribune," there's a new story coming to say that deals with the fact that the health care system isn't working very well. and when the smoke clears and the exemption for congressional staffers survives, i think next sunday will look a lot different. >> i want to pick up with jim pinker to know's point. you have the liberal media and some say the mainstream media against the funding public, it's simply not worked and now everybody is scrambling to avoid a government default. but on the other hand, you have many conservative xhen taters saying this is foley. but jim says there's more of a class divide than an idealal divide. jim is saying when the smoke clears, maybe we'll get to this obama care story. the problem is the conservatives were the ones who set this house on fire. now to say the press isn't focussing on obama care, if the house is burning down, you can't blame that we're not
when the debt ceiling thing gets settled, which i assume will be next week, i think you've seen a new change. obama care glitches. the front page of "the washington post," the front page of the "chicago tribune," there's a new story coming to say that deals with the fact that the health care system isn't working very well. and when the smoke clears and the exemption for congressional staffers survives, i think next sunday will look a lot different. >> i want to pick up...
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Oct 10, 2013
10/13
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again, republicans said we'll take the initiative on the debt ceiling so we won't default on the debt, because that's the most sensitive and potentially catastrophic eventuality, and then they're going to meet this afternoon, and i think again, they'll say, okay, let's -- we'll reopen the government, we'll do a continuing resolution for six weeks, as well, match those two up, and tie them to the same agreement to do negotiations. the important thing -- >> why are you confident than going to take place? we didn't hear that from speaker boehner. >> a lot of posturing going on right now. i think he can't walk out and say, we're willing to give up on the shut down and give up on the debt limb it and we agreed to talk. he's going to -- i think he needs to go to the president today, the republican leadership, go to the president today, come back and say, we've got the president to agree to negotiate, which is what the president said he's willing to do but they need to do that to make it look like they get a win out of it. >> congressman, the big picture here if this is a delay, and we do th
again, republicans said we'll take the initiative on the debt ceiling so we won't default on the debt, because that's the most sensitive and potentially catastrophic eventuality, and then they're going to meet this afternoon, and i think again, they'll say, okay, let's -- we'll reopen the government, we'll do a continuing resolution for six weeks, as well, match those two up, and tie them to the same agreement to do negotiations. the important thing -- >> why are you confident than going...
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since 1978, we've raised the debt ceiling 55 times. a majority of those tyimes, 28 times, congress has attached very specific and stringent requirements. >> spoker john boehner appears to be siding with ted cruz and the caucus. here's what he said on abc just this weekend. >> the american people expect in washington, when they have a crisis like this that the leaders will sit down and have a conversation. we're interested in having a conversation about how we open the government and how they begin to pay our bills. but it begins with a simple conversation. the vote, not in the house to pass a clean debt limit. and the president is risking default by not having a conversation with us. the debt limit is right around the corner. the president saying i won't negotiate. i won't have a conversation. even though president reagan negotiated over democrats who controlled the congress back then. gave president george herbert walker bush had a conversation about raising the debt limit. during the clinton administration there were three conversati
since 1978, we've raised the debt ceiling 55 times. a majority of those tyimes, 28 times, congress has attached very specific and stringent requirements. >> spoker john boehner appears to be siding with ted cruz and the caucus. here's what he said on abc just this weekend. >> the american people expect in washington, when they have a crisis like this that the leaders will sit down and have a conversation. we're interested in having a conversation about how we open the government and...
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Oct 16, 2013
10/13
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if you will, the debt ceiling until februar 7th. so these are concessions on the president's part. >> that's absolutely right, wolf i think the strategic minds inside the white house would have loved a debt ceiling increase for another year. that would have brought us to october, mid-october of 2014. why? because the midterm elections would only be two weeks away. they sort of were wondering here at the white house why republicans did not take a debt ceiling increase that took them past the midterms. so they didn't wind up in the situation all over again right before the midterm elections because theoretically speaking and you've heard this from some house republicans they have said well, this is happening now in 2013. it's not really happening in 2014. and the election is next year. the thinking being that well, people will have forgotten about all of this by the time next year comes around. having said all of that, if and when we get out of this mess today, there's nothing -- there's nothing that guarantees that this doesn't happe
if you will, the debt ceiling until februar 7th. so these are concessions on the president's part. >> that's absolutely right, wolf i think the strategic minds inside the white house would have loved a debt ceiling increase for another year. that would have brought us to october, mid-october of 2014. why? because the midterm elections would only be two weeks away. they sort of were wondering here at the white house why republicans did not take a debt ceiling increase that took them past...
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Oct 14, 2013
10/13
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CSPAN2
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the last time congress raced this debt ceiling -- raced this debt ceiling -- raised this debt ceiling, it was i want to $6.999 trillion. and technically we reached that on may 19 of this year. the treasury department has since been using what it calls extraordinary measures to keep paying our bills. but as secretary lew has communicated to this congress over and over in letter and in testimony, in just a few days, the treasury department will no longer have enough money to keep up, these extraordinary measures will have run out. and within a week or two later, we will end up at zero. so what are the bills? what are the bills that we need to raise this ceiling in order to pay? well, it's the salaries of all federal employees, including our military; it's social security and medicare payments; it's unemployment benefits; tax refunds; and interest on our sovereign debt. raising the debt limit allows the treasury to borrow the money it needs to pay these bills. that's. -- that's it. if on any particular day more bills come due than we have cash in our accounts to cover, then the united st
the last time congress raced this debt ceiling -- raced this debt ceiling -- raised this debt ceiling, it was i want to $6.999 trillion. and technically we reached that on may 19 of this year. the treasury department has since been using what it calls extraordinary measures to keep paying our bills. but as secretary lew has communicated to this congress over and over in letter and in testimony, in just a few days, the treasury department will no longer have enough money to keep up, these...
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Sep 13, 2013
09/13
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it will not be linked to the debt ceiling. obama is absolutely serious about not raising the debt ceiling. let the republican party do it. >> the republicans aren't budging either. it's another place where they both just stair at each other. >> pooif done shows we stay until midnight on the day they're shutting down the government at midnight. at 11:59 they come up with a deal. we all oh thank god they didn't shut down the government. >> in the 90s, that actually happened. >> i wasn't around? >> you were a kid. >> they're working on animation where the red eye covers the debt ceiling right now. you will not be forced to stay again like last time. coming up straight ahead, a serious topic. this droung driver put out a video confession saying he killed a man and wanted to take credit. why did he just plead not guilty in court? it could make ♪ >>> welcome back. we love fox and friends here at the five. i've sat in from time to time i know what it's like to work with those fellows. on monday, elizabeth will join the team. i don'
it will not be linked to the debt ceiling. obama is absolutely serious about not raising the debt ceiling. let the republican party do it. >> the republicans aren't budging either. it's another place where they both just stair at each other. >> pooif done shows we stay until midnight on the day they're shutting down the government at midnight. at 11:59 they come up with a deal. we all oh thank god they didn't shut down the government. >> in the 90s, that actually happened....
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Jan 14, 2013
01/13
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we expect him to talk about the debt ceiling. we're going to bring his comments to you live. >>> it's been one month since the tragic shooting at sandy hook elementary school. politicians at the state and federal level are scrambling to find ways to end gun violence in america. and one of them maryland governor martin o'malley outlined plans for what he says would be the toughest gun laws in the country. >> this would be a comprehensive legislative package to prevent gun violence and it addresses not only the guns but mental health and school safety. briefly, it will ban military assault weapons that have no place on the streets of baltimore or no other neighborhood in our state and it will limit the size of magazines in order to make it harder for criminals to gun down in succession police officers or school children. >> that might work for a state like maryland, a very blue state, but maybe not so much at a federal level. david keane, the president of the national rifle association, says, yeah, it will be a whole different stor
we expect him to talk about the debt ceiling. we're going to bring his comments to you live. >>> it's been one month since the tragic shooting at sandy hook elementary school. politicians at the state and federal level are scrambling to find ways to end gun violence in america. and one of them maryland governor martin o'malley outlined plans for what he says would be the toughest gun laws in the country. >> this would be a comprehensive legislative package to prevent gun violence...
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Oct 16, 2013
10/13
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you're watching cnn's special coverage of the countdown to the debt ceiling deadline. we want to take a moment to welcome you, our viewers here in the united states and all around the world. i'm brooke baldwin. >> i'm jack taper here on capitol hill. october 16th. the nation is on the edge of a possible default. >> oh, yes. as we look at the calendar, we remember all of the assurances, the promises that both the house and the senate would get their acts together at crunch time, and it appears the senate is now really taking the wheel. so right now, in this beautiful
you're watching cnn's special coverage of the countdown to the debt ceiling deadline. we want to take a moment to welcome you, our viewers here in the united states and all around the world. i'm brooke baldwin. >> i'm jack taper here on capitol hill. october 16th. the nation is on the edge of a possible default. >> oh, yes. as we look at the calendar, we remember all of the assurances, the promises that both the house and the senate would get their acts together at crunch time, and...
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Oct 10, 2013
10/13
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you want long-term debt ceiling proposal. they want to hold it a little bit over your head to get structural changes, but other than that -- >> look. the glimmer of good news in the republican proposal is that they have recognized that it's bad idea to default on our obligations. >> i think a lot of them have been saying that all along. >> you've got to admit there are a lot of republicans out there that say it's not so bad to go into this default scenario because they really think it's been exaggerated when think most people recognize it would be a real problem. >> i think what many of those republicans -- they're talking about the fact that, you know, we have this sort of scenario more often than we want to. we had it in august of 2011. we couldn't pay our bills and we had to raise it. and we couldn't pay it again and at some point you implode. i think ha what they're try dog is get them to come to the table to make long-term changes so we don't have these crises. >> we've been trying to come to the table since march. in ma
you want long-term debt ceiling proposal. they want to hold it a little bit over your head to get structural changes, but other than that -- >> look. the glimmer of good news in the republican proposal is that they have recognized that it's bad idea to default on our obligations. >> i think a lot of them have been saying that all along. >> you've got to admit there are a lot of republicans out there that say it's not so bad to go into this default scenario because they really...